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Updated almost 4 years ago, 01/29/2021

User Stats

40
Posts
41
Votes
Sol Bergren
  • Investor
  • saskatoon, sk
41
Votes |
40
Posts

Purchasing: Attic beds,dorm style. Liability/unsure. Suggestions?

Sol Bergren
  • Investor
  • saskatoon, sk
Posted

I'm a bit unsure what to specifically ask but here are the details:

Property for sale is rented by the bed. It is a large building and has extra beds squeezed into it (2 are in attic, some rooms have 4 beds). The extra rooms have braided coil wiring for lights etc. that were not part of the original building (it's basically been converted into dorm room style). Extra bathrooms have been squeezed into the building as well, most are strange shapes and don't have proper venting.

I'm interested in the property but don't really know how to proceed. I'm concerned about liability as well as potentially having to take out the extra beds in the future if there is a problem.

Does anyone know what I should specifically check/do to make sure this is safe/not a liability to rent as it is?